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$158,000

3420 Leland Ave, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,078 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.59 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Gas Oven, Gas Water Heater
FlooringLaminate, Wood

Exterior

Lot Size5,998 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480417000347004
Lot Number1,2
SubdivisionTravis Park
Land UseResidential
Legal DescriptionTRAVIS PARK LOT 1 2 BLOCK 18 ACRES .1377
Census Tract002700
Assessed Land Value$18,120
Assessed Improvement Value$136,450
Assessment Year2025

About this property

With three bedrooms and one bath, this 1078 square foot gem provides cozy and comfortable living spaces for you and your loved ones. The two-year-old roof ensures worry-free living. Step inside and be greeted by the newly installed laminate flooring and hardwood floors throughout. Situated on a corner lot, this property has an inviting and charming presence. The fenced backyard is perfect for hosting fun-filled gatherings with friends and family. The garden area is a hidden gem on the property. Imagine spending sunny afternoons tending to your garden. With its affordability, comfortable living spaces, and exciting outdoor amenities embrace the joy that this charming home has to offer! Offering affordability, comfort, and charm, this home qualifies for TDHCA and the MFTH Targeted Area Bond Loan Program.

Investor Tools

Property Icon
$158,000
Estimated Property Value
$140,650Estimated Mortgage Balance
$22,624Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$948 /month
Positive
Cash Flow Estimate:
$316 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,725
$154,570
2025
$18,120
$136,450
$154,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,725
$154,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$140,650
No
First
Apr 29, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,376
$22,624
14%
86%
$844/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
$844/mo
+$166/mo
7.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waco

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3420 Leland Ave | Property Details | No Agent List